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Are you saying one should not value a company based on what they're saying? Then in Q2 when they wrote "Based on our preparedness at this time, we are confident
by bisRepetita 9y ago
Are you saying one should not value a company based on what they're saying? Then in Q2 when they wrote "Based on our preparedness at this time, we are confident we can produce just over 1,500 vehicles in Q3", then we should not believe them. So why do they bother saying this? If they got an uplift then, they get punished a bit now, that's fair, life goes on.
- sjwright 9y agoThe only question is how this affects the ongoing production ramp-up. A relatively short delay on the delivery of a thousand cars is barely a rounding error to the underlying business case, and won't have any lasting consequences once they've ramped up production to full speed.